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semi-globalization


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A term used by Ghemawat (2003, J. Int. Business Studs, 34, 2) to describe incomplete cross-border integration, and the location-specificity of certain enterprises. ‘Semi-globalization covers the range of situations in which neither the barriers nor the links among markets in different countries can be neglected.’ Ghemawat argues that semi-globalization is the underlying structural condition most conducive to thinking carefully about competition across multiple locations, because complete market insulation is a less challenging condition.

Subjects: Earth Sciences and Geography.


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